RE:RE:Average Target Prices E:Average Target Pricesfor this at full production imo.
What should it be in your thoughts ?? Open question.... I wonder if these projections are for the initial 160k tpy plan after plant starts or the 240k tpy ramp up goal ??
$1.70 per share at best is not nearly enough
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My understanding is that the prices they establish are "todays value". The reason is that , as an example...First Berlin.. increased their "Buy" rating from $1.55 to $1.70 back in July 2022 and the reason quoted is that Almonty took the first drawdoawn of $12.8m against their line of credit. This showed progress in the maturation of this project and hence the value increased as taking the draw indicated the mine was progressing and would be built.
Question::: how do you highlight the grey from someone's initial post, if you are going to comment? Cant find how to do it.